{"id":625496,"date":"2018-08-07T03:27:25","date_gmt":"2018-08-07T03:27:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=625496"},"modified":"2025-12-17T08:38:17","modified_gmt":"2025-12-17T08:38:17","slug":"egypt-reaches-key-natural-gas-pipeline-agreement-with-cyprus","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-reaches-key-natural-gas-pipeline-agreement-with-cyprus\/","title":{"rendered":"Egypt reaches key natural gas pipeline agreement with Cyprus"},"content":{"rendered":"<section id=\"625498\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625498\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We're Tracking Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-on-7-august-2018\/\">\r\n                            What we\u2019re tracking on 7 August 2018                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-on-7-august-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+7+August+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fwhat-were-tracking-on-7-august-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-on-7-august-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625498\" class=\"content-area-description single-story post-625498 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>It\u2019s earnings season and the start of Peak Sahel at the same time<\/strong>, so news today is largely dominated by talk of regulatory policies and the government\u2019s release of macroeconomic data.<\/p><p><strong>Foreign Minister Sameh Shoukry is in Washington today<\/strong> for day two of a two-day visit that will see him meet US Secretary of State Mike Pompeo and White House National Security Advisor John Bolton.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> In other foreign policy news of interest to many of our readers: <strong>The Saudi spat with Canada deepened yesterday as the UAE and Bahrain came out in support of Riyadh\u2019s move to curb diplomatic and investment ties with a longtime ally<\/strong>. \u201cWe stand with Saudi Arabia in taking steps to defend its sovereignty and laws \u2026 The belief of some countries that their model or experience allows them to interfere in our affairs is rejected,\u201d UAE Minister of State for Foreign Affairs Anwar Gargash <a href=\"https:\/\/twitter.com\/AnwarGargash\/status\/1026439236772409344?s=20\">wrote on Twitter<\/a>. The secretaries general of both the Gulf Cooperation Council and of the Organization of Islamic Cooperation also <a href=\"https:\/\/m.aawsat.com\/english\/home\/article\/1354831\/gcc-oic-support-saudi-arabias-measures-against-canada\">said they support<\/a> Riyadh\u2019s move.<\/p><p>Among other recent developments:<\/p><ul>\n<li><strong>Saudi is moving some 20k scholarship students out of Canada<\/strong> to the US, UK, Australia and New Zealand.<\/li>\n<li><strong>State airline Saudia is suspending flights<\/strong> to and from Toronto on 13 August, <a href=\"https:\/\/www.reuters.com\/article\/us-saudi-canada-diplomacy\/canada-defiant-after-saudi-arabia-freezes-new-trade-over-human-rights-call-idUSKBN1KQ0QI?il=0\">Reuters adds<\/a>.<\/li>\n<li><strong>Canada has refused to back down<\/strong>, saying that while it is \u201cseriously concerned \u2026 and seeking greater clarity on the recent statement from the Kingdom of Saudi Arabia \u2026 Canada will always stand up for the protection of human rights.\u201d<\/li>\n<\/ul><p><strong>What sparked this? <\/strong>Canada\u2019s foreign minister tweeted about the detention of Samar Badawi, a rights activist whose brother Raif had already been detained back in 2012. Raif\u2019s wife and children live in Canada, and his wife was recently made a citizen.<\/p><p><strong>Still in question: <\/strong>The fate of a CAD 15 bn contract with a Canadian unit of General Dynamics to supply armored vehicles to KSA. Plus: Neither side has yet made clear what any of this means for visa regimes or other policies.<\/p><p><strong>This isn\u2019t the first time Canada has squabbled with a GCC nation: <\/strong>Canada and the UAE <a href=\"https:\/\/www.arabianbusiness.com\/canada-uae-call-it-quits-over-airline-spat-431401.html\">rowed from 2010 until 2013<\/a> over landing rights for Emirati airlines in Canada and Canada\u2019s use of military logistics facilities in the UAE. The <a href=\"https:\/\/www.thestar.com\/news\/canada\/2013\/04\/02\/tim_hortons_sets_stage_for_diplomacy_as_canada_uae_do_away_with_visitor_visas.html\">spat ended<\/a> when then-Foreign Affairs Minister John Baird buried the hatchet over a cup of Tim Horton\u2019s coffee in the UAE with Sheikh Abdullah bin Zayed Al Nahyan.<\/p><p><strong>Nor is it the first time the Saudis have taken a swipe at an ally. <\/strong>Riyadh recalled its ambassador to Stockholm in 2015 after Sweden\u2019s foreign minister criticized KSA over the Raif Badawi case. The tiff ended \u201cafter the Swedish king sent a message to his Saudi counterpart,\u201d the FT said. Saudi recalled its ambassador to Berlin in November of last year after Germany\u2019s foreign minister alleged Saudi had coerced Saad Hariri to resign as prime minister of Lebanon.<\/p><p><strong>The story is front page in the global business press.<\/strong> See more in the <a href=\"https:\/\/www.ft.com\/content\/44f94cde-9927-11e8-9702-5946bae86e6d\">Financial Times<\/a>, <a href=\"https:\/\/www.wsj.com\/articles\/saudi-arabias-spat-with-canada-risks-backlash-from-investors-1533577486?mod=hp_lead_pos9\">Wall Street Journal<\/a>, Reuters, Bloomberg (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-08-06\/saudi-diplomatic-row-over-activist-gives-trudeau-a-rare-boost\">here<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-08-05\/saudi-arabia-suspends-diplomatic-trade-ties-with-canada\">here<\/a>) and <a href=\"https:\/\/www.nytimes.com\/2018\/08\/06\/world\/middleeast\/saudi-arabia-canada-rights-ambassador.html\">New York Times<\/a> (including an <a href=\"https:\/\/www.nytimes.com\/2018\/08\/06\/opinion\/saudi-arabia-canada.html\">editorial<\/a>).<\/p><p><strong>US re-imposes economic sanctions on Iran:<\/strong> The US re-imposed on Monday a series of sanctions on Iran that had been waived following the Iran Nuclear Pact in 2015, according to <a href=\"https:\/\/www.whitehouse.gov\/briefings-statements\/statement-president-reimposition-united-states-sanctions-respect-iran\/\">a White House statement<\/a>. \u201cThese actions include re-imposing sanctions on Iran\u2019s automotive sector and on its trade in gold and precious metals, as well as sanctions related to the Iranian rial.\u201d The measures will take effect today. Naturally, Iran was not happy with the move. The decision had stoked fears of the impact it would have on global prices, which has in part prompted Washington to pressure OPEC members to raise production.<\/p><p><strong>It\u2019s one of those rare weeks in which we\u2019ll admit the weekend cannot come soon enough<\/strong>, even if it does kick off the countdown to a rather lengthy trans-Atlantic trek.<\/p><p>And because we\u2019re in one of those moods this morning, we\u2019re reflecting on <a href=\"https:\/\/www.nytimes.com\/2018\/07\/24\/well\/the-mystery-of-end-of-life-rallies.html\"><strong>The mystery of end-of-life rallies<\/strong><\/a> (New York Times) and the fact that <a href=\"https:\/\/www.wsj.com\/articles\/the-call-to-care-for-aging-parents-comes-sooner-now-1533567702\"><strong>The call to care of aging parents now comes sooner<\/strong><\/a>(Wall Street Journal).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625499\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div 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src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/football-fans-expected-return-to-stadiums-is-the-talk-of-the-town\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625500\" class=\"content-area-description single-story post-625500 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>The expected return of football fans to Egypt\u2019s stadiums next month<\/strong> after a years-long hiatus was the talk of the town on the airwaves last night.<\/p>\n<p><strong>The Egyptian Football Association (EFA) is drafting a plan to gradually allow fans to attend football matches again<\/strong> without jeopardizing their safety, Sports Ministry Spokesman Mohamed Fawzy told Masaa DMC. According to Fawzy, the EFA and representatives from premier league clubs held a meeting yesterday to discuss the timeline, which will still require security authorities\u2019 approval (<a href=\"https:\/\/www.youtube.com\/watch?v=YBUGPcH5KjA\">watch, runtime: 6:44<\/a>). The number of fans that will initially be allowed back into stadiums has yet to be determined, Fawzy said on Hona Al Asema (<a href=\"https:\/\/www.youtube.com\/watch?v=0wcomUWdaIQ\">watch, runtime: 6:29<\/a>).<\/p>\n<p><strong>The meeting came after President Abdel Fattah El Sisi gave the green light for the return of football fans<\/strong>, EFA member and former goalkeeper Magdy Abdel Ghany told Yahduth fi Masr\u2019s Sherif Amer. Abdel Ghany also said that Interior Ministry officials sat in on yesterday\u2019s meeting, suggesting that the plans will not face any resistance (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/648413682203608\/\">watch, runtime: 5:15<\/a>). Sports critic Ihab El Khatib phoned into Hona Al Asema to laud Sports Minister Ashraf Sobhy for seeing the issue through (<a href=\"https:\/\/www.youtube.com\/watch?v=O4xO5AB84OI\">watch, runtime: 5:29<\/a>).<\/p>\n<p><strong>The rise in Egypt\u2019s debt in 3Q2017-18 is a result of several loans the government took on to finance projects in different sectors<\/strong>, former Banque Misr deputy chairman Sahar El Damaty said on Yahduth fi Masr. She shrugged off concerns that Egypt will struggle to meet its debt obligations down the line, saying that the vast majority of the country\u2019s debt is long-term facilities and FX revenues from the Suez Canal and tourism should be enough (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/648407905537519\/\">watch, runtime: 5:37<\/a>).<\/p>\n<p><strong>US-Egypt 2+2 meetings in the works?<\/strong> Foreign Minister Sameh Shoukry\u2019s visit to the US, which began yesterday, will lay the groundwork for an upcoming meeting between the Egypt and America\u2019s foreign and defense ministers, political science professor Atef Abdel Gawad told Al Hayah fi Masr\u2019s Kamal Mady (<a href=\"https:\/\/www.youtube.com\/watch?v=qWQ3uYfGpdk\">watch, runtime: 5:58<\/a>).<\/p>\n<p><strong>Another day, another abomination against art:<\/strong> Restoration work is underway on a statue of Khedive Ismail in Ismailia, which was recently the victim of a botched paint job, according to National Organization for Urban Harmony (NOUH) head Mohamed Abu Saada. He urged local authorities to seek approval from NOUH before undertaking these little arts and crafts projects (<a href=\"https:\/\/www.youtube.com\/watch?v=Dp8JGHTy1GQ\">watch, runtime: 7:15<\/a>). Apparently, people haven\u2019t learned to stop painting over statues since the Om Kalthoum statue snafu <a href=\"https:\/\/www.facebook.com\/CairoScene\/photos\/a.292442407453138.79621.168220473208666\/1224677437562959\/?type=3&theater\">back in 2016<\/a>.<\/p>\n<p><strong>Other miscellaneous tidbits on the airwaves last night:<\/strong> Real Estate Tax Authority Samia Hussein phoned into Masaa DMC to apologize for the long wait-times outside the authority\u2019s offices over the past few days (<a href=\"https:\/\/www.youtube.com\/watch?v=iBf9rI6qZRw\">watch, runtime: 7:51<\/a>); Hona Al Asema\u2019s Dina Zahraa discussed the anti-terrorism operations in Sinai with General Nagy Shahoud (<a href=\"https:\/\/www.youtube.com\/watch?v=Jz17TA1HnTo\">watch, runtime: 25:01<\/a>); economic expert Fakhry El Fekky and logistics professor Hamdy Barghout piled on the praise for the new Suez Canal (<a href=\"https:\/\/www.youtube.com\/watch?v=EJn6DgK_siI\">watch, runtime: 4:28<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625501\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625501\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/\">\r\n                            Egypt, Cyprus reach agreement on gas pipeline                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt, Cyprus reach agreement on gas pipeline&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/&title=Egypt, Cyprus reach agreement on gas pipeline\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%2C+Cyprus+reach+agreement+on+gas+pipeline+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fegypt-cyprus-reach-agreement-on-gas-pipeline%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-cyprus-reach-agreement-on-gas-pipeline\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625501\" class=\"content-area-description single-story post-625501 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Egypt, Cyprus reach agreement on key gas pipeline:<\/strong> Cairo and Nicosia have reached an agreement to connect the Aphrodite gas field liquefaction plants in Egypt, Cyprus state television CyBC said, <a href=\"https:\/\/cyprus-mail.com\/2018\/08\/06\/gas-pipeline-deal-reached-with-egypt-cybc\/\">according to the Cyprus Mail<\/a>. The agreement will be inked sometime in the fall, CyBC said, citing diplomatic sources. \u201cThe agreement has already been given the green light by the EU and it is being scrutinised for the final touches,\u201d sources added. The pipeline, which is expected to cost between <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/08\/egypts-lng-pipeline-with-cyprus-expected-to-cost-usd-800-mn-1-bn-el-molla-says\/\">USD 800 mn and USD 1 bn<\/a>, is a<strong> crucial stepping stone towards Egypt\u2019s strategy to become the natural gas export hub for the Eastern Mediterranean<\/strong> as it plans to re-export a portion of the LNG to Europe after satisfying local demand. Egypt is hoping to reach natural gas self-sufficiency before the end of 2018, as more production units from the Zohr gas field come online.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625510\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625511\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625511\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Up Next<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-this-week-and-beyond-100\/\">\r\n                            What we\u2019re tracking this week and beyond                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-this-week-and-beyond-100\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-this-week-and-beyond-100\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-this-week-and-beyond-100\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week and beyond&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-this-week-and-beyond-100\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-this-week-and-beyond-100\/&title=What we\u2019re tracking this week and beyond\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+and+beyond+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fwhat-were-tracking-this-week-and-beyond-100%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/what-were-tracking-this-week-and-beyond-100\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625511\" class=\"content-area-description single-story post-625511 post type-post status-publish format-standard hentry category-up-next tag-enterpriseam tag-up-next wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EFIA to meet with FinMin next week to discuss Customs Act: <\/strong>The Egyptian Federation of Investors Associations (EFIA) will meet with Finance Minister Mohamed Maait next week to discuss their remarks on the latest draft of the Customs Act, deputy EFIA head <a href=\"https:\/\/alborsanews.com\/2018\/08\/06\/1121741\">Mohamed El Morshedy said yesterday<\/a>. The federation\u2019s reservations on the act are similar to those the Federation of Egyptian Industries\u2019 had come up with and was expected to <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/02\/fei-tax-committee-lays-out-its-recommendation-on-the-new-customs-act-on-wednesday\/\">discuss with the ministry this week<\/a>. Among their concerns are that penalties for customs evasion are too severe.<\/p>\n<p><strong>The Emirates NBD purchasing managers\u2019 index for Egypt <\/strong>will be released on Sunday, 12 August, covering July 2018.<\/p>\n<p><strong>The central bank will next consider interest rates<\/strong> on Thursday, 16 August.<\/p>\n<p>Orange Egypt\u2019s board of directors is meeting on 27 August<strong> to look into the company\u2019s proposal for a voluntary delisting.<\/strong><\/p>\n<p><strong>A delegation of 60 unnamed US companies is set to visit Egypt in October t<\/strong>o explore potential investments across a variety of sectors.<strong> A Japanese trade delegation is also due to visit the new capital <\/strong>and Suez Canal by the end 2018.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/up-next\/\">Up Next<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625512\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625512\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa\/\">\r\n                            Egypt, Israel, Hamas coordinate ceasefire agreement without involving PA                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt, Israel, Hamas coordinate ceasefire agreement without involving PA&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa\/&title=Egypt, Israel, Hamas coordinate ceasefire agreement without involving PA\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%2C+Israel%2C+Hamas+coordinate+ceasefire+agreement+without+involving+PA+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fegypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egypt-israel-hamas-coordinate-ceasefire-agreement-without-involving-pa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625512\" class=\"content-area-description single-story post-625512 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage of Egypt in the foreign press this morning are continued pickups of Italy praising Egypt\u2019s handling of the murder investigation of PhD student Giulio Regeni<\/strong> during Italian Foreign Minister Enzo Moavero Milanesi\u2019s visit to Cairo.<\/p>\n<p><strong>Prime Minister Mostafa Madbouly met yesterday with Milanesi to discuss potential cooperation and investments<\/strong> in several sectors in Egypt, including energy, agriculture, and healthcare, according to <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/ita.aspx\">a Cabinet statement<\/a>. Milanesi, whose visit to Cairo is the first from a high-ranking Italian official since 2016, <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/06\/italian-foreign-minister-enzo-milanesi-visits-egypt-for-first-time-since-2015\/\">had met on Sunday<\/a> with President Abdel Fattah El Sisi and Foreign Minister Sameh Shoukry.<\/p>\n<p><strong>In a close second: Egypt and Israel have reportedly been coordinating a ceasefire agreement with Hamas<\/strong> without involving the Palestinian Authority (PA), <a href=\"https:\/\/www.haaretz.com\/middle-east-news\/palestinians\/.premium-palestinians-israel-egypt-advancing-gaza-deal-behind-abbas-back-1.6343043\">according to Haaretz (paywall)<\/a>. The ceasefire will likely take precedence over a Hamas-Fatah reconciliation if it would improve conditions in the Gaza strip, a Hamas official says. This comes as Israeli Cabinet member Zeev Elkin says that Egypt should bear equal responsibility for Gaza\u2019s internal economic and governance problems, and that these issues should not be solely Israel\u2019s responsibility, <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL5N1UX2BP\">according to Reuters<\/a>.<\/p>\n<p>Also today: <strong>Poet Galal El Beheiri\u2019s imprisonment comes as part of \u201cregular crackdowns on political dissidents and artistic expression,\u201d<\/strong> Jennifer Hijazi <a href=\"https:\/\/www.pbs.org\/newshour\/arts\/poetry\/false-news-charges-put-this-egyptian-poet-in-prison\">writes for PBS<\/a>. El Beheiri was <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/01\/military-court-sentences-poet-to-three-years-in-prison-for-insulting-security-forces\/\">sentenced to three years<\/a> in prison over poems seen as insulting to security forces.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625513\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625513\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/columnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes\/\">\r\n                            Columnists aren\u2019t happy with hysteria over amendments to real estate taxes                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/columnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/columnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/columnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Columnists aren\u2019t happy with hysteria over amendments to real estate taxes&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/columnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/columnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes\/&title=Columnists aren\u2019t happy with hysteria over amendments to real estate taxes\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Columnists+aren%E2%80%99t+happy+with+hysteria+over+amendments+to+real+estate+taxes+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fcolumnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/columnists-arent-happy-with-hysteria-over-amendments-to-real-estate-taxes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625513\" class=\"content-area-description single-story post-625513 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Columnists aren\u2019t too happy with how the government has responded to hysteria over real estate taxes:<\/strong> Amr Hashem Rabie takes to the pages of <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1313072\">Al Masry Al Youm<\/a> to lambast the government for \u201cscaring\u201d people into quickly paying off their real estate taxes, while leaving rumors about the levy to circulate without trying to dispel them. This response (or lack thereof) is reflective of the government\u2019s lack of concern over how much panic these policies can create, particularly when they are not explained thoroughly enough.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625514\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625514\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/\">\r\n                            Hedge funds adopt hipsterism to compete with tech for talent                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Hedge funds adopt hipsterism to compete with tech for talent&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/&title=Hedge funds adopt hipsterism to compete with tech for talent\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Hedge+funds+adopt+hipsterism+to+compete+with+tech+for+talent+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fhedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/950.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625515\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/hedge-funds-adopt-hipsterism-to-compete-with-tech-for-talent\/950-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/950.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"950.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/950.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/950.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625514\" class=\"content-area-description single-story post-625514 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Hedge funds adopt hipsterism to compete for talent with tech:<\/strong> As the reign of the quants in the hedge fund industry continues, the sector is increasingly seeing computer science, IT and artificial intelligence graduates more appealing. The upside is that the hedgies are also finding tech talent difficult to land, as the majority of them (at least in the US) are moving towards Silicon Valley. With the lure of once lucrative jobs at hedge funds lacking in luster for these graduates compared to the more \u201cpurposeful\u201d employment of tech, hedge funds are changing up their cultural norms to attract them, <a href=\"https:\/\/www.ft.com\/content\/0401f26c-9675-11e8-b67b-b8205561c3fe\">writes Lindsay Fortado for the FT<\/a>.<\/p>\n<p><strong>So don\u2019t be surprised if you see a lot of jeans, sandals and ripped shirts when you visit hedge funds on the East Coast<\/strong>, as an industry of suits and ties adapts to attract the hipsters. Expect to also see a lot of open office plans as they switch from cubicles to the Silicon Valley decor and services such as such as free dry-cleaning. The sales pitch to graduates also include the challenge of solving complex data problems and the promise of a well-resourced tech department, said Matthew Granade, the chief market intelligence officer at Steve Cohen\u2019s USD 13 bn Point72 hedge fund.<\/p>\n<p><strong>The competition is brutal: <\/strong>Tech appears to be winning the hearts and minds of the grads, with their propensity for grandiose visions of solving societal problems through code (because world peace will happen by building the next Candy Crush, right?), and more importantly, salaries that are the equivalent of those offered by hedge funds. At the London Business School, the percentage of graduates going to work in tech has jumped from 6% to 20% over the past decade, says Fortado. Those entering finance fell from 46% in 2007 to 26% last year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625516\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625516\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/\">\r\n                            Amish Uber                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Amish Uber&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/&title=Amish Uber\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Amish+Uber+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Famish-uber%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/222.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625517\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/amish-uber\/222-jpg-31\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/222.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"222.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/222.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/222.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625516\" class=\"content-area-description single-story post-625516 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Uber Horse Cart? <\/strong>Timothy Hochstedler, an Amish man in Indiana, did not just sit by and let his religion\u2019s aversion to technology get in the way of his entrepreneurial spirit: He started his very own ride-hailing service \u2014 only this one is with a horse and buggy. <a href=\"https:\/\/www.drupal.org\/project\/ubercart\">He calls it Amish Uber<\/a>. We certainly see this taking off here with all these unemployed donkeys who can\u2019t get gigs as zebras.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625518\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625518\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/al-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station\/\">\r\n                            Al Kharafi, NHVS win EGP 471 mn contract for West Damietta transformer station                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/al-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/al-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/al-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Kharafi, NHVS win EGP 471 mn contract for West Damietta transformer station&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/al-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/al-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station\/&title=Al Kharafi, NHVS win EGP 471 mn contract for West Damietta transformer station\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Kharafi%2C+NHVS+win+EGP+471+mn+contract+for+West+Damietta+transformer+station+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fal-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/al-kharafi-nhvs-win-egp-471-mn-contract-for-west-damietta-transformer-station\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625518\" class=\"content-area-description single-story post-625518 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.4916d559-4728-4282-9a56-4ca158394960.mp3\"><\/audio><\/figure>\n<p>An Al Kharafi-NHVS consortium was awarded an EGP 471 mn contract to construct a 500 kV power transformer station in West Damietta, <a href=\"https:\/\/alborsanews.com\/2018\/08\/06\/1121550\">according to unnamed Electricity Ministry sources<\/a>. Other consortia that had competed in the tender include a General Electric-Larsen & Toubro consortium; another made up of Hyosung and China Energy Engineering Corporation; a third with Energia, Orascom and Hyundai; and NCC and Axion Energy.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625519\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625519\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/finance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port\/\">\r\n                            Finance Ministry in talks with EBRD to launch grain terminal at Dekheila Port                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/finance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/finance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/finance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Finance Ministry in talks with EBRD to launch grain terminal at Dekheila Port&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/finance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/finance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port\/&title=Finance Ministry in talks with EBRD to launch grain terminal at Dekheila Port\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Finance+Ministry+in+talks+with+EBRD+to+launch+grain+terminal+at+Dekheila+Port+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Ffinance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/finance-ministry-in-talks-with-ebrd-to-launch-grain-terminal-at-dekheila-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625519\" class=\"content-area-description single-story post-625519 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.3906be4f-0c75-4322-9675-660deabb12c9.mp3\"><\/audio><\/figure>\n<p>The Finance Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) to launch a tender to establish a grain terminal at the Dekheila Port, PPP Central Unit Director Ater Hanoura <a href=\"http:\/\/almalnews.com\/Story\/385217\/58\/%D9%88%D8%AD%D8%AF%D8%A9-%D8%A7%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%AA%D8%A8%D8%AD%D8%AB-%D9%85%D8%B9-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%89-%D8%B7%D8%B1%D8%AD-%D8%B1%D8%B5%D9%8A%D9%81-%D8%BA%D9%84%D8%A7%D9%84-%D8%A8%D9%85%D9%8A%D9%86%D8%A7%D8%A1-%D8%A7%D9%84%D8%AF%D8%AE%D9%8A%D9%84%D8%A9\">tells Al Mal<\/a>. The Arab Academy for Science Technology and Maritime Transport has conducted studies on the project, he said, without disclosing the expected timeline for the tender. Separately, the General Authority for Lands & Dry Ports will issue the terms and conditions for 6 October dry port next week, Hanoura said. The project, which will be developed under a PPP framework, <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/11\/govt-extends-bidding-window-for-6-october-city-dry-port\/\">will require an initial investment of around USD 100 mn<\/a>, Transport Minister Hisham Arafat had said.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625522\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625522\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/kima-2-project-in-aswan-set-to-launch-in-january\/\">\r\n                            KIMA 2 project in Aswan set to launch in January                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/kima-2-project-in-aswan-set-to-launch-in-january\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/kima-2-project-in-aswan-set-to-launch-in-january\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/kima-2-project-in-aswan-set-to-launch-in-january\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=KIMA 2 project in Aswan set to launch in January&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/kima-2-project-in-aswan-set-to-launch-in-january\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/kima-2-project-in-aswan-set-to-launch-in-january\/&title=KIMA 2 project in Aswan set to launch in January\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KIMA+2+project+in+Aswan+set+to+launch+in+January+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fkima-2-project-in-aswan-set-to-launch-in-january%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/kima-2-project-in-aswan-set-to-launch-in-january\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625522\" class=\"content-area-description single-story post-625522 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.b09a7983-206a-41fe-a4c0-3b7cd0236b1b.mp3\"><\/audio><\/figure>\n<p>The Egyptian Chemical Industries Company\u2019s (KIMA) fertilizer production facility in Aswan (KIMA 2 project) is set to officially launch in January, <a href=\"https:\/\/alborsaanews.com\/2018\/08\/06\/1121585?u=hsO8yTqCQ5%2F7baI0rBSdkezmIYAr1AkkjUSJaNgs4290fNWx9QI%3D&b=29&f=norefer\">according to unnamed KIMA sources<\/a>. Trial runs are scheduled to start immediately after the facility\u2019s inauguration, whose construction is currently 88% complete, sources said. Italian engineering and construction firm Tecnimont was granted a <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/03\/tecnimont-asks-for-five-month-extension-extra-usd-76-mn-for-kima-2-project\/\">five-month extension and an extra EGP 4.3 bn<\/a> to complete the facility\u2019s development. The Italian company was originally scheduled to complete the facility by November of this year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625524\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625524\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/telecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs\/\">\r\n                            Telecom Egypt signs agreement with Bharti Airtel to use MENA Cables fiber pairs                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/telecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/telecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/telecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Telecom Egypt signs agreement with Bharti Airtel to use MENA Cables fiber pairs&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/telecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/telecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs\/&title=Telecom Egypt signs agreement with Bharti Airtel to use MENA Cables fiber pairs\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Telecom+Egypt+signs+agreement+with+Bharti+Airtel+to+use+MENA+Cables+fiber+pairs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Ftelecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/telecom-egypt-signs-agreement-with-bharti-airtel-to-use-mena-cables-fiber-pairs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625524\" class=\"content-area-description single-story post-625524 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.1854ae22-3312-40dc-9c8a-76b8b7003802.mp3\"><\/audio><\/figure>\n<p>Telecom Egypt (TE) signed yesterday an agreement with Indian telecom company <a href=\"https:\/\/www.airtel.in\/about-bharti\/about-bharti-airtel\">Bharti Airtel<\/a> that will grant the latter the right to use fiber pairs from TE\u2019s recently-acquired MENA Cables, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/219748_2.pdf\">according to a TE statement to the EGX (pdf)<\/a>. The agreement will allow Airtel to use MENA Cables\u2019 fiber pairs running from Egypt to India through Saudi Arabia and Oman, fiber pairs running from Egypt towards Italy, and another from Egypt to France. <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/22\/telecom-egypt-signs-spa-for-acquisition-of-otmts-mena-cables\/\">TE had acquired MENA Cables<\/a> from Orascom Telecom Media and Technology in May.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625525\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625525\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\">\r\n                            Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/&title=Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Misr+Travel+receives+EGP+250+mn+loan+from+India+to+finance+fleet+upgrade+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fmisr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625525\" class=\"content-area-description single-story post-625525 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.f32a6c67-8da5-42a1-89ee-4cf7502c6454.mp3\"><\/audio><\/figure>\n<p>Holding Company for Tourism and Hotels subsidiary Misr Travel has received a EGP 250 mn loan from India\u2019s Investment Ministry to purchase new vehicles to upgrade its fleet, <a href=\"http:\/\/almalnews.com\/Story\/385220\/15\/%C2%AB%D9%85%D8%B5%D8%B1-%D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%AD%D8%A9%C2%BB-%D8%AA%D9%82%D8%AA%D8%B1%D8%B6-250-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%85%D9%86-%D8%A7%D9%84%D9%87%D9%86%D8%AF\">Chairman Rashad Refai tells Al Mal<\/a>. The loan has a five-year tenor and a repayment period of 20 years with 1.5% interest, in addition to a 1% administrative tax, he said. The new vehicles are expected to be delivered by the end of the year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625526\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625526\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Law<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/shalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects\/\">\r\n                            Shalakany Law tapped as legal advisor for int\u2019l financiers on wind, solar projects                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/shalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/shalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/shalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Shalakany Law tapped as legal advisor for int\u2019l financiers on wind, solar projects&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/shalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/shalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects\/&title=Shalakany Law tapped as legal advisor for int\u2019l financiers on wind, solar projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Shalakany+Law+tapped+as+legal+advisor+for+int%E2%80%99l+financiers+on+wind%2C+solar+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fshalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/shalakany-law-tapped-as-legal-advisor-for-intl-financiers-on-wind-solar-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625526\" class=\"content-area-description single-story post-625526 post type-post status-publish format-standard hentry category-law tag-enterpriseam tag-law wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.1327425b-878d-4d25-b6e0-387858404511.mp3\"><\/audio><\/figure>\n<p>Shalakany Law Office has been selected as legal advisor to international institutions financing the development of three wind and solar power projects valued at USD 400 mn each, El Shalakany Partner Mariam Fahmy tells Amwal Al Ghad. The 200-250 MW renewable power plants are being developed by unnamed international and local companies, Fahmy says. The companies expect to reach financial close on the projects by 1H2019.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/law\/\">law<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625527\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625527\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egyptian-navy-holds-military-exercises-with-british-and-french-counterparts\/\">\r\n                            Egyptian navy holds military exercises with British and French counterparts                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egyptian-navy-holds-military-exercises-with-british-and-french-counterparts\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egyptian-navy-holds-military-exercises-with-british-and-french-counterparts\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egyptian-navy-holds-military-exercises-with-british-and-french-counterparts\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian navy holds military exercises with British and French counterparts&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egyptian-navy-holds-military-exercises-with-british-and-french-counterparts\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egyptian-navy-holds-military-exercises-with-british-and-french-counterparts\/&title=Egyptian navy holds military exercises with British and French counterparts\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+navy+holds+military+exercises+with+British+and+French+counterparts+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fegyptian-navy-holds-military-exercises-with-british-and-french-counterparts%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/egyptian-navy-holds-military-exercises-with-british-and-french-counterparts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625527\" class=\"content-area-description single-story post-625527 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.13bdd391-eb96-442f-a53f-16da26ad3a55.mp3\"><\/audio><\/figure>\n<p>Egypt\u2019s naval forces held separate bilateral military exercises with the British and French navies off the Red Sea and Mediterranean coasts, respectively, <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/1371329036331408\">according to an Armed Forces statement<\/a>. Both exercises featured a series of field exercises and military maneuvers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625528\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625528\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/\">\r\n                            Essam El Hadary retires from international football                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Essam El Hadary retires from international football&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/&title=Essam El Hadary retires from international football\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Essam+El+Hadary+retires+from+international+football+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2Fessam-el-hadary-retires-from-international-football%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/1\/25.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"625529\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/essam-el-hadary-retires-from-international-football\/25-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/1\/25.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"25.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/1\/25.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/1\/25.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625528\" class=\"content-area-description single-story post-625528 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Veteran goalkeeper Essam El Hadary announced yesterday he is finally retiring from international football<\/strong>, <a href=\"https:\/\/www.facebook.com\/photo.php?fbid=10213875207288947&set=a.3792456804559.154548.1071319321&type=3&theater\">saying in a statement<\/a> that he sees it is \u201cthe right time\u201d to end his international career after 22 years. El Hadary, 45, <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/26\/egypt-finishes-bottom-of-group-at-2018-world-cup\/\">broke the Guinness World Record<\/a> for the oldest player to ever participate in the World Cup during this year\u2019s championship.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625531\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"625531\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625531\/\">\r\n                                                    <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625531\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625531\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625531\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625531\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625531\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F08%2F07%2F625531%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625531\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625531\" class=\"content-area-description single-story post-625531 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.82 | Sell 17.92<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.83 | Sell 17.93<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.78 | Sell 17.88<\/p>\n<p><strong>EGX30<\/strong> (Monday): 15,645 (-0.6%)<br \/>\n <strong>Turnover:<\/strong> EGP 530 mn (40% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.2%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 0.6%. CIB, the index heaviest constituent ended down 0.5%. EGX30\u2019s top performing constituents were Egyptian Iron & Steel up 2.9%, Juhayna up 2.0%, and Global Telecom up 1.5%. Yesterday\u2019s worst performing stocks were Egyptian Resorts down 3.0%, SODIC down 2.9%, and Ibnsina Pharma down 2.5%. The market turnover was EGP 530 mn, and foreign investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +30.0 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -17.6 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -12.4 mn<\/p>\n<p><strong>Retail<\/strong>: 62.7% of total trades | 60.1% of buyers | 65.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 37.3% of total trades | 39.9% of buyers | 34.7% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 20.5% of total | 23.3% of buyers | 17.7% of sellers<br \/>\n <strong>Regional:<\/strong> 7.6% of total | 5.9% of buyers | 9.3% of sellers<br \/>\n <strong>Domestic:<\/strong> 71.9% of total | 70.7% of buyers | 73.0% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 69.02 (+0.01%)<br \/>\n <strong>Brent:<\/strong> USD 73.92 (+0.23%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.87 MMBtu, (+0.24%, September 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,217.00 \/ troy ounce (-0.06%)<\/p>\n<p><strong>TASI:<\/strong> 8,230.13 (-0.15%) (YTD: +13.89%)<br \/>\n <strong>ADX:<\/strong> 4,883.54 (+1.61%) (YTD: +11.03%)<br \/>\n <strong>DFM:<\/strong> 2,977.78 (0.00%) (YTD: -11.64%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,437.56 (+0.51%)<br \/>\n <strong>QE:<\/strong> 9,933.22 (+0.37%) (YTD: +16.54%)<br \/>\n <strong>MSM:<\/strong> 4,420.34 (+1.14%) (YTD: -13.31%)<br \/>\n <strong>BB: <\/strong>1,352.39 (-0.10%) (YTD: +1.55%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"625532\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/625532\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-625532\" class=\"content-area-description single-story post-625532 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>05-09 August (Sunday-Thursday): CBE hosts <a href=\"http:\/\/aacb2018.com\/main\/final-preparations\/\">41st annual meeting of the Association of African central banks<\/a>, Sharm El Sheikh, Egypt.<\/p>\n<p>12 August (Sunday): Egypt\u2019s Emirates NBD PMI reading for July released.<\/p>\n<p>16 August (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday.<\/p>\n<p>28-29 August (Tuesday-Wednesday): CI Capital\u2019s 5th Annual Egypt Equities Conference, Cape Town, South Africa.<\/p>\n<p>04-05 September (Tuesday-Wednesday): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a01D000001355HLIAY\/the-euromoney-egypt-conference-2018\">Euromoney Egypt Conference 2018<\/a>, Cairo.<\/p>\n<p>10-13 September (Monday-Thursday): <a href=\"https:\/\/8londonconference.efghermes.com\/pages\/home.aspx\">EFG Hermes\u2019 8th Annual London Conference<\/a>, Emirates Arsenal Stadium, London.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>18 September (Tuesday): Cairo Economic Court to issue ruling on EGP 5.6 bn antitrust case against pharma companies including Ibnsina.<\/p>\n<p>20-23 September (Thursday-Sunday): 2018 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Saturday): New academic year begins for public schools, universities.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"http:\/\/www.arqaamconference.com\/\">Arqaam Capital MENA Investors Conference 2018<\/a>, Four Seasons Resorts, Dubai.<\/p>\n<p>24-25 September (Monday-Tuesday): <a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a>, venue TBD.<\/p>\n<p>26 September (Wednesday): <a href=\"https:\/\/www.ecommsummit.co\/\">E-Commerce Summit<\/a>, Nile-Ritz Carlton, Cairo.<\/p>\n<p>27 September (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>23-24 October (Tuesday-Wednesday): <a href=\"http:\/\/platforms-root-technologies.com\/icec-2018\/\">Intelligent Cities Exhibition & Conference 2018<\/a>, Fairmont Towers Heliopolis, Cairo.<\/p>\n<p>15 November (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25-28 November (Sunday-Wednesday): 22nd Cairo ICT, Cairo Convention Center, Nasr City, Cairo.<\/p>\n<p>03-05 December (Monday-Wednesday): <a href=\"https:\/\/www.egyptdefenceexpo.com\/\">First Egypt Defense Expo<\/a>, Egyptian International Exhibition Center, Cairo.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>27 December (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n<p>10-13 October 2019 (Tuesday-Sunday) Big Industrial Week Arabia 2019, Egypt International Exhibition Center.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":625497,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-625496","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1f62cd12-b9d9-4163-9c7d-4e72bfe691c7","teaser":"","photo_url":"https:\/\/ent.news\/2018\/8\/455.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt reaches key natural gas pipeline agreement with Cyprus - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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